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Friday, November 26, 2010

Daily News Roundup - Nov 26 2010


Government threatens to cancel coal field allocation to NTPC and CIL. (BS)

Tata Steel is looking at further acquisition to boost its capacity for meeting booming demand. (BS)

L&T bags an order worth Rs10.3bn for construction related works. (BS)

Maruti Suzuki estimates that 20% of the cars will run on CNG by 2016. (BL)

NTPC proposes to invite tenders for power generation equipments for all of its upcoming gas-based plants. (ET)

SBI not to go for overseas bond issue soon. (ET)

Maruti to hire 3,000 employees for expanding service network. (BS)

Supreme Court rejects Reliance Infra’s plea on toll bid disqualification. (BS)

Cairn seeks nod from the Government for transfer of its main assets. (ET)

Adani to develop non-LNG port at Hazira. (BL)

Kingfisher has received preliminary approval from lenders to recast its debt. (ET)

Jet Airways has entered into a pact with Alitalia to offer non-stop flights from Milano Malpensa to New Delhi. (BS)

Food inflation hits 3-month low of 10.5% for the week ended November 13. (ET)

MNP to be available pan-India from January 20, 2011. (ET)

Government may announce fresh round of exports sops in January 2011. (ET)

Current A/C deficit may exceed 3% of GDP, says Y V Reddy. (BL)

SEBI to probe the possibility of insider trading in shares of at least nine companies. (ET)